Strategy Boosts USD Reserve While Strive Continues Bitcoin Accumulation
Strategy Inc., a publicly traded crypto-focused company, has boosted its USD Reserve to $3.75 billion while repurchasing $25 million of its STRC preferred shares.
The company's management stated that it will use discounted STRC purchases to reduce future financing costs and separate liquidity reserves from preferred-share buybacks.
Strive, another Bitcoin-focused investment firm, has added 79 BTC to its corporate treasury, increasing its value to approximately $1.28 billion.
Strive's latest acquisition follows its strategy of steadily increasing its Bitcoin exposure through incremental purchases rather than large one-time transactions.